Pension increases

In payment, your pension increases on 1 April each year. Parts of your pension may receive different increases.

For your Final salary plan pension

The first increase to the Final salary plan part of your pension after you retire may be a part year’s increase to reflect the period from your retirement date to 1 April.

Guaranteed Minimum Pension (GMP)

Before 6 April 2016, the Fund was 'contracted out' which means that you and Unilever paid lower National Insurance, and the Fund must meet certain requirements relating to the second level of State pension (S2P – previously known as SERPS).

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For your Career average plan pension